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Shortliner News 

Boost Your Business and Drive Innovation at the Fall Convention!

August 21, 2024August 21, 2024 Gina Clark 2024 Marketing & Distribution Convention

Mark your calendars for October 22-24 as we gather in Addison, TX, for this year’s Marketing & Distribution Convention. This event remains a cornerstone for networking, education, and strategic discussions for our diverse membership.

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Shortliner News 

CLAAS and Butler Machinery Announce Transition Plans

August 21, 2024August 21, 2024 Gina Clark CLAAS, Butler Machinery, Transition

CLAAS and Butler Machinery Company, partners for more than 25 years, are transitioning to a new phase.

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Shortliner News Member 

Unlock the Full Value of Your FEMA Membership!

August 21, 2024August 22, 2024 Gina Clark Member Benefits, Cathy Peirick

As part of our strong community of more than 650, your membership in the Farm Equipment Manufacturers Association (FEMA) offers you more than just a connection to manufacturers, suppliers, and wholesalers. It provides you with a competitive edge and a wealth of opportunities to grow your business and develop your team.

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Sentry Product Liability

Shortliner News Member 

Alamo Sells Herschel Parts to Bourgalt Tillage Tools Ltd.

August 21, 2024August 21, 2024 Gina Clark alamo, Herschel Parts, Bourgalt Tillage, Rhino Ag

Alamo Group Inc. announced the sale of its Herschel Parts business to F.P. Bourgalt Tillage Tools Ltd. Herschel Parts, a manufacturer of high-quality agricultural replacement and wear parts based in Indianola, IA.

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Shortliner News Ag 

Safety Net Issues Stall Farm Bill

August 21, 2024 Gina Clark 2024 Farm Bill, Safety Net

A Senate Appropriates Committee met to discuss the passage of the Farm Bill and the importance in providing a safety net for farmers through reference prices.

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Manufacturing Shortliner News 

ASABE Revises Standards for Drawbar Pins

August 21, 2024August 21, 2024 Gina Clark ASABE Standards, Drawbar Pins, Scott Cedarquist, Sadie Sell

The American Society of Agricultural and Biological Engineers (ASABE) has revised ANSI/ASABE S625.2 AUG2024 Drawbar Pin Dimensions and Requirements.

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Shortliner News Featured - Home Small 

Federal Reserve Expected to Cut Rates in September

August 21, 2024 Gina Clark Federal Reserve, Interest Rates

The Federal Reserve voted unanimously to hold interest rates unchanged at their current 5.25% – 5.5% target in July.

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Shortliner News Featured - Home Small 

FEMA Recruiting Members for Plant Tours

August 21, 2024August 22, 2024 Gina Clark Plant Tour, FEMA member tour

If your company is interested in setting up a tour and showcasing your facilities, equipment, and amazing people, the Association would love to talk to you.

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Shortliner News 

Deere Q3 Sales Down 17%

August 21, 2024August 21, 2024 Gina Clark Deere, Q3 Earnings

Deere’s worldwide net sales and revenues decreased 17%, to $13.152 billion, for the third quarter of 2024 and decreased 11%, to $40.572 billion, for nine months.

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Member Law Services
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Shortliner News 

Rural Mainstreet Economy Fell to 2024 Low

August 19, 2024August 19, 2024 Gina Clark

For a 12th straight month, the overall Rural Mainstreet Index (RMI) sank below growth neutral, according to the August survey of bank CEOs in rural areas of a 10-state region dependent on agriculture and/or energy.

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Shortliner News 

Insurance Rates Climb, Workers Comp Falls in July

August 15, 2024August 21, 2024 Gina Clark Workers Comp, Commercial Insurance

Commercial insurance rates rose for most lines last month, but Workers Comp was the only major line that saw a decrease.

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Shortliner News Featured - Home Small 

U.S. Sales of 4WD Tractors Increase in July

August 15, 2024August 19, 2024 Gina Clark AEM, Flash Report, Tractor Combine Sales

U.S. sales of 4-wheel-drive tractors increased 18.6% in July 2024 compared to the year before and are up 5.2% year-to-date according to the latest data from AEM.

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Manufacturing Shortliner News 

Deere Reports Q3 Earnings; Sales Down 17%

August 15, 2024August 15, 2024 Gina Clark Deere, Q3 Earnings

Deere & Company reported net income of $2.978 billion for the third quarter ended July 30, 2023, or $10.20 per share, compared with net income of $1.884 billion, or $6.16 per share, for the quarter ended July 31, 2022.

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Shortliner News 

Convention 101: Tips You Need to Know for the Fall Convention

August 12, 2024August 12, 2024 Gina Clark Convention Tips, 2024 Marketing & Distribution Convention

The Association’s Marketing & Distribution Convention is a bit more complex than our spring meeting. These tips will help you make the most of your time in Addison, TX, whether you’re a convention rookie or a seasoned veteran. Register early and save $200.

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Shortliner News Featured - Home Small 

Unlock Fall Convention Sponsorship Opportunities

August 12, 2024August 12, 2024 Gina Clark 2024 Marketing & Distribution Convention, Sponsorship Packages, Innovator Sponsor, Visionary Sponsor, Groundbreaker Sponsor

Enhance your presence at the Marketing & Distribution Convention by taking advantage of our newly revamped sponsorship packages, which feature prime booth locations and extended display times.

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Manufacturing Shortliner News 

Global Steel Production Is Flat at Midyear

August 9, 2024August 12, 2024 Gina Clark Steel Production

Global raw steel production through June 30, 2024, stands at 954.6 million metric tons, unchanged from the previous year. June’s output was 161.4 million metric tons, a 2.3% decrease from May but 0.5% higher than June 2023.

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Shortliner News 

Unemployment Claims Drop Sharply, Easing Labor Market Concerns

August 9, 2024August 9, 2024 Gina Clark Unemployment, Federal Reserve

The number of Americans filing for unemployment benefits fell significantly last week, providing a boost to labor market optimism.

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Shortliner News 

Free September 26 Webinar – Sharepoint: The Next Steps

August 9, 2024August 9, 2024 Gina Clark Sharepoint

In this webinar, Spindustry will expand your knowledge and show you possibilities that you may not have considered for your SharePoint environment.

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Shortliner News 

Taking the Mystery Out Of Coinsurance

August 9, 2024August 9, 2024 Gina Clark Coinsurance

Coinsurance can be confusing, even for some insurance professionals. But don’t worry, we’ll break it down simply.

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Manufacturing Shortliner News 

Manufacturing Revival Sees Regional Discrepancies

August 9, 2024August 9, 2024 Gina Clark Federal Reserve, Manufacturing Revival

Concerns about a decline in U.S. manufacturing might be overstated, given that the industry still boasts a quarter-million factories employing 13 million workers.

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Shortliner News 

Check Out Sentry’s Exclusive Member Benefits

August 9, 2024August 9, 2024 Gina Clark Sentry, webinars, Member Benefits, Safety Resources

We invite our members to take advantage of Sentry’s free resources through a library of safety resources and webinars.

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Shortliner News 

New Member Profile: Teles Hydraulics

August 9, 2024August 9, 2024 Gina Clark Hydraulics

Teles Hydraulics began its journey in 2004, manufacturing prototypes of hydraulic cylinders for road trailers. They manufacture over 10,000 models of cylinders for agriculture, sugar cane processing, construction, forestry, trailers, and load moving and lifting.

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Shortliner News 

Alamo Group Announces Q2 Earnings

August 7, 2024August 7, 2024 Gina Clark Alamo Group, Q2 Earnings

Alamo Group Inc. reported results for the second quarter ended June 30, 2024.

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Shortliner News 

CNH Appoints VP For New Holland AG

August 7, 2024August 7, 2024 Gina Clark New Holland, Ryan Schaefer

CNH executives announced the immediate appointment of Ryan Schaefer to the role of Vice President for New Holland Agriculture North America.

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Shortliner News 

AGCO Reports 15% Decline in Q2 Net Sales

August 7, 2024August 7, 2024 Gina Clark AGCO, Q2 Earnings

Net sales for the first six months of 2024 were approximately $6.2 billion, which is a decrease of 13.7% compared to 2023.

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Shortliner News 

CNH Reports Decline in Q2 Revenue

August 7, 2024August 7, 2024 Gina Clark CNH Industrial, Q2 Earnings

CNH Industrial N.V. reported results for the three months ended June 30, 2024, with net income of $438 million and diluted earnings per share of $0.34 compared with net income of $710 million and diluted earnings per share of $0.52 for the three months ended June 30, 2023.

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Shortliner News 

Kinze to Lay Off 193 Employees in Iowa

August 7, 2024August 7, 2024 Gina Clark Iowa, layoffs, Kinze

Kinze announced Aug. 1 that it will be implementing a reduction in its workforce in response to the ongoing economic downturn in the agricultural sector.

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Shortliner News 

Titan Announces Q2 Earnings

August 7, 2024August 7, 2024 Gina Clark Titan International, Q2 Earnings

Titan International, Inc. reported 2nd quarter 2024 financial results which continued to reflect a difficult macro environment in most of its end markets.

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Shortliner News 

AGCO Announces Missouri/Wisconsin Dealer Updates

August 7, 2024August 7, 2024 Gina Clark Wisconsin, AGCO, McFarlane, Parallel Ag, Missouri, Vanderloop

AGCO provided updates regarding the growth plan for its North American distribution network which includes expansions in Missouri and Wisconsin.

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Shortliner News 

Trimble Announces Q2 Earnings

August 7, 2024 Gina Clark Trimble, Q2 Earnings

Trimble Inc. announced financial results for the second quarter of 2024.

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Shortliner News 

Farmer Sentiment Improves in July

August 7, 2024September 12, 2024 Gina Clark Farmer Sentiment, Purdue Ag Economy Barometer, Jim Mintert

The Ag Economy Barometer Index rose 8 points to 113. At the same time, the Index of Current Conditions increased by 10 points to 100, and the Index of Future Expectations at 119 was 7 points higher than a month earlier.

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Shortliner News Featured - Home Small 

Celebrating Tricia Kidd: 25 Years of Commitment to FEMA

July 31, 2024July 31, 2024 Gina Clark 25 Year Anniversary

Please join us in congratulating our Accounting/Meeting Services Director, Tricia Kidd, on her incredible 25 years with the Farm Equipment Manufacturers Association!

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Shortliner News 

AGCO Announces Definitive Agreement to Sell its Grain & Protein Business

July 26, 2024July 26, 2024 Gina Clark AGCO, AIP, Grain & Protein

AGCO, a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, announced it has entered into a definitive agreement to sell the majority of its Grain & Protein business to American Industrial Partners (“AIP”)

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Shortliner News 

Land Pride Halts Production at Three Kansas Facilities

July 26, 2024October 16, 2024 Gina Clark Land Pride, Abilene KS

Land Pride has made the difficult decision to stop production at 3 of their facilities in Kansas for the month of August.

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Shortliner News 

Salford Close Osceola, IA Plant

July 26, 2024July 26, 2024 Gina Clark Iowa, layoffs, Salford Group, Osceola

Salford Group, a Canadian-based manufacturer of tillage, crop fertilizer and application equipment, will close its Osceola, Iowa, manufacturing plant and will lay off 51 workers.

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Shortliner News 

Five Reasons to Attend the Marketing & Distribution Convention

July 24, 2024July 25, 2024 Gina Clark 2024 Marketing & Distribution Convention, Addison Texas, Business Connections

The 2024 Marketing & Distribution Convention is approaching and with October 22 on the horizon, now is the time to start planning. If you haven’t registered yet, here are five compelling reasons to join us:

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Shortliner News 

Sneak Peek: Fall Opening Session Speaker Dean Lindsay

July 24, 2024July 24, 2024 Gina Clark 2024 Marketing & Distribution Convention, Dean Lindsay, Speaker

Get ready for an inspiring start to our Fall Convention with award-winning business author Dean Lindsay who is a renowned business culture strategist, a skilled workshop facilitator, and a powerful keynote speaker.

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Shortliner News 

Younger Workers Injured More Than Those Over 55

July 24, 2024July 24, 2024 Gina Clark Worker Injury, Workers Compensation

The proportion of work-related injuries among newly hired workers increased from 2017 to 2022, with workers under 25 reporting more frequent injuries than those 55 and older, according to a report released Thursday by the Workers Compensation Research Institute.

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Shortliner News Member 

New Member Profile: Liftech Industries India pvt LTD

July 24, 2024July 24, 2024 Gina Clark New Member Profile, Liftech Industries India pvt LTD

Established in 1998 by Inderpal Singh in Ludhiana, LIFTECH is a reputed name in international markets for development and production of hitching/lifting solutions for tractors, trailers, and heavy Earthmovers.

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Shortliner News Ag 

Farm Bill Prospects Nearly Nonexistent This Year

July 24, 2024July 24, 2024 Gina Clark Legislation, Farm Bill

The already-slim chances of Farm Bill reauthorization in 2024 are waning in the summer heat, facing a legislative calendar almost out of days.

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Shortliner News 

Ten Ways to Protect Your Computer Network from Cyber Attacks

July 24, 2024July 24, 2024 Gina Clark Cybersecurity

Protecting your computer network from viruses and attacks is essential in today’s digital age. Here are ten effective strategies to keep your system secure and your data safe—an obvious but important reminder for everyone.

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Manufacturing Shortliner News 

US Manufacturing Output Beats Expectations

July 24, 2024July 24, 2024 Gina Clark Federal Reserve, Manufacturing Output

In June, U.S. factory production exceeded expectations, with a 0.4% increase following a revised 1.0% rise in May.

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Shortliner News Member 

Vermeer Welcomes AEM Manufacturing Express

July 24, 2024July 24, 2024 Gina Clark AEM Manufacturing Express

Vermeer recently had the pleasure of hosting the Association of Equipment Manufacturers (AEM) Manufacturing Express at The Vermeer Mile.

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Shortliner News Member 

Components Company Inc. Celebrates 90th Anniversary

July 24, 2024July 24, 2024 Gina Clark 90 Year Anniversary, Components Company

Congratulations to, member company, Components Company Inc (CCI) who is celebrating the milestone anniversary of 90 years!

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Shortliner News Member 

New Member Profile: Classy Llama

July 24, 2024July 24, 2024 Gina Clark New Member Profile, Classy Llama

Classy Llama is an agency of a different breed. They could not be more serious about the level of integrity, excellence, and commitment they bring to their clients.

Read more
Shortliner News Ag 

Rural Mainstreet Economy Down Again for July

July 22, 2024July 24, 2024 Gina Clark Ernie Goss, Creighton University Survey, Rural Mainstreet Economy

For an 11th straight month, the overall Rural Mainstreet Index (RMI) sank below growth neutral, according to the July survey of bank CEOs in rural areas of a 10-state region dependent on agriculture and/or energy.

Read more
Shortliner News Featured - Home Small 

Deere No Longer Supporting DEI Initiatives

July 22, 2024July 24, 2024 Gina Clark Deere, Tractor Supply

John Deere announced it will be ditching nearly all its diversity, equity and inclusion (DEI) polices in favor of a quality-based workplace.

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Manufacturing Shortliner News 

Deere Laying Off Additional Waterloo Workers

July 15, 2024July 24, 2024 Gina Clark Deere, Iowa, layoffs, Waterloo

Deere announced it will lay off more than 300 production employees in Waterloo, IA, effective September 20.

Read more
Shortliner News Featured - Home Small 

Tractor/Combine Sales Decline in June

July 15, 2024July 22, 2024 Gina Clark AEM, Tractor Combine Sales

June sales of 2-wheel-drive tractors dropped 16.3% compared to 2023, while 4-wheel-drive tractors fell 1.3% within the same timeframe. Combines sales declined as well, finishing the month 31% below June 2023.

Read more
Shortliner News 

Register Today for the Marketing & Distribution Convention!

July 11, 2024September 12, 2024 Gina Clark 2024 Marketing & Distribution Convention, Addison Texas

Whether you’re seeking innovative strategies, advanced education, networking opportunities, or insights into trends affecting your company’s future, the Fall Convention is a must-attend event for every farm equipment manufacturing professional.

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